I got a disturbing email from Bianco Research which showed a chart of “Private Credit Market Debt” which they say shows “Total credit market creation not including Treasury Debt, Municipal Debt and Agency Debt”.
It is actually a horror that the level of private debt peaked last year at about $36 trillion, which is certainly a [...]

Mega-storms storms paralyze many businesses, but for others ice and snow spells big profits.
“All of our inventory has disappeared faster than concert tickets,” says Jon Hoch, owner of Power Equipment Direct Inc., an online dealer that has seen surging sales. Snow blowers inventory is now such that, “We have this beautiful Web site that in [...]

And what a dead cat bounce it has been so far.
Since March the bull market run has continued swift and steep leaving many in the dust. On Monday the Dow plowed ahead and closed up 3,954 points higher than its low in March.
For those with the guts to invest with Warren Buffet early in [...]

You will, from time to time, see people ask for more regulation of markets. I don’t really need to cite any examples, do I? They’re all over today’s newspapers, claiming that unregulated or deregulated or free markets are responsible for the collapse of various businesses.
There is no such thing as an unregulated market, however. [...]

Pundits have referred to 2007 as The Year of the Crash and 2008 as The Year of Deleveraging. Both are appropriate and with the initiation of 2009, as the aftereffects of the crash and its subsequent deleveraging continue to dominate economic reality, we look for hints as to what the next four quarters may hold.
One [...]